Financial Responsibility Sample Financial Statements
ADVERTISEMENT
1
2
3
4XYZ CONTRACTOR
TRIAL BALANCE
12/31/2015
ACCOUNT NAME
DEBIT BALANCE
CREDIT BALANCE
Checking
$
46,950.00
Money Market
$
1,000.00
Accounts Receivable
$
3,000.00
Prepaid Expense
$
3,000.00
Company Vehicle
$
40,000.00
Accum. Depr., Vehicle
$
6,000.00
Tools and Equipment
$
5,000.00
Accum. Depr., Tools
$
2,000.00
Accounts Payable, Trade
$
500.00
Accrued Revenue
$
3,000.00
Vehicle Loan Payable
$
30,000.00
Owner Capital
$
10,000.00
Owner Contributions
Owner Draws
$
50,000.00
Retained Earnings
$
31,500.00
Floor Tile Sales Revenue
$
300,000.00
Floor Tile Cost of Goods Sold
$
225,000.00
Shower Tile Revenue
$
150,000.00
Shower Tile Cost of Goods Sold
$
130,000.00
Payroll Wages
$
12,000.00
Payroll Taxes
$
1,200.00
Workers Comp
$
400.00
Auto Fuel and Maintenance
$
5,000.00
Depreciation Expense, Tools
$
1,000.00
Depreciation Expense, Vehicle
$
3,000.00
Dues, Licenses, Fees
$
300.00
Interest on Vehicle Loan
$
1,800.00
Office Rent
$
2,400.00
Telephone Expense
$
1,200.00
Debt Settlement
$
750.00
TOTAL
$
533,000.00
$
533,000.00
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Business